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Anton [14]
3 years ago
8

In a reorder point problem where both demand and lead time are variable, demand averages 200 units per day with a daily variance

of 64, and lead time averages 6 days with a standard deviation of 1 day. What should the reorder point be for a 95% service level?
Business
1 answer:
Romashka [77]3 years ago
6 0

Answer:

~ 1561.235

Explanation:

Given :

Z=1.645

d = 200\ \\variance =64

Standard deviation can be determined by the \sqrt{variance }

Standard deviation=SD

=\sqrt{64}\ =\ 8

LT = 6\

σ = 8

Now using the formula

R\ =\ d \ *\ LT\ +Z\ \sqrt{LT^{2}\ +SD^{2} \ +\ d\ \sigma\ ^{2}  } \\\\Putting\  the\  respective\  value\  we\  get \\R=200 * 6 + 1.645\sqrt{6 * 8^2 + 200 *1^2}

R=1561.235

~ 1561.235

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The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
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Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

5 0
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Which organization compiles data on individuals and businesses to report on their credit?
Tanya [424]

Answer:

Option A

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c) Experian

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3 0
3 years ago
The following information relates to Smoothie Incorporated. Beginning assets = 200,000 Beginning liabilities = 124,000 Beginning
Debora [2.8K]

Answer:

$153,000

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With regards to the above, ending balance of equity

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3 0
2 years ago
A similarity between mortgages and auto loans is that both
belka [17]
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8 0
3 years ago
Gutierrez Company reported net income of $225,000 for 2017. Gutierrez also reported depreciation expense of $45,000 and a loss o
Anestetic [448]

Answer:

                        Gutierrez Company

                       Cash Flow statement

                          for the year 2017

                                                                     $

Net Income                                              225,000                

+ Depreciation                                            45,000

+ Decrease in receivable                           15,000

+ Increase in payable                                  17,000

+ Decrease in prepaid expenses            <u>  4,000 </u>

Net cash flow from operating activities  <u>306,000</u>  

Explanation:

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4 0
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